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Trade Idea Wrap-up: GBP/USD - Sell at 1.3160

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Sep 16, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    Current selloff together with the breach of previous support at 1.3138 add credence to our view that recent decline is still in progress and may extend weakness to 1.3050-55, however, near term oversold condition should prevent sharp fall below 1.3030 and reckon psychological level at 1.3000 would contain downside, bring[​IMG]

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